Solar Tracker Installation Market by Type (Single Axis and Dual Axis) and End-Use Industry (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 20192026
- Published Date: 2020-10-06
- Report ID: 1371
- Pages: 233
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Format:
The global solar tracker installation was valued at $162.7 billion in 2018, and is projected to reach $379.2 billion by 2025, growing at a CAGR of 11.1% from 2019 to 2026. Solar tracking is the process of generating power from sunlight. A solar tracker is the device that directs solar panels, mirrors of heliostat, and Fresnel reflectors toward the sun. These solar trackers are used to capture the maximum solar energy throughout the day and increase solar panel output and efficiency. The global solar market is driven by increase in energy demand worldwide. Solar trackers can increase the output of solar panels by 25% to 35% compared to modules at fixed angle.
The factors such as environmental pollution, rise in prices of fuels, and growth in awareness among people regarding clean energy are expected to drive the growth of the global solar tracker installation. However, solar tracker installation high maintenance requirement, high cost compared to stationary counterparts, and complex system than fixed racking are expected to restrain the global solar tracker installation growth. The global solar tracker installation is yet to explore its full potential. Therefore, rise in government initiatives, decrease in complexity in design, and ongoing researches in solar tracker are anticipated to offer growth opportunities for the growth of the solar tracker installation market.
Key segmentation of the solar tracker installation market is done based on type, application, and region. By type the global solar tracker is divided into single axis tracker and double axis tracker. On the basis of application, it is classified into residential, commercial, and industrial. Region wise, the global solar tracker installation is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players in the global solar tracker installation market are Abengoa SE, First Solar, Inc., Tata Power Solar Systems Limited, Trina Solar Co. Ltd., BrightSource Energy, Inc., Siemens AG, PVHardware, Arctech Solar, and NEXTracker.
KEY BENEFITS FOR STAKEHOLDERS
Porters five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
It outlines the current trends and future scenario of the solar tracker installation market from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
Major countries in four major regions, namely, North America, Europe, Asia-Pacific, and LAMEA have been mapped according to their individual revenue contribution to the regional market.
The key drivers, restraints, and solar tracker installation market opportunities and their detailed impact analysis are elucidated in the study.
The profiles of key players along with their key strategic developments are enlisted in the report.
KEY MARKET SEGMENTS
By Type
Single axis
o Horizontal
o Vertical
Dual axis
By End-use Industry
Residential
Commercial
Industrial
By Region
North America
o U.S.
o Canada
o Mexico
Europe
o Germany
o France
o Spain
o Italy
o UK
o Rest of Europe
Asia-Pacific
o China
o Japan
o South Korea
o India
o Australia
o Rest of Asia-Pacific
LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
KEY PLAYERS
Abengoa SE
First Solar, Inc.
Tata Power Solar Systems Limited
Trina Solar Co. Ltd.
BrightSource Energy, Inc.
Siemens AG
PVHardware
Arctech Solar
NEXTracker
Scorpius Trackers
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders:
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Key Findings
2.1.1. Top Investment Pockets
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Key Forces Shaping Solar Tracker Installation Market
3.3. Market Evolution/Industry Roadmap
3.4. Impact of Government Regulations On The Global Solar Tracker Installation Market
3.5. Patent Analysis
3.5.1. By Region (2012-2017)
3.6. Case Studies
3.6.1. Case Study 01
3.7. Market Dynamics
3.7.1. Drivers
3.7.1.1. Growth In Demand For Renewable Energy
3.7.1.2. Boost In The Demand For Solar Energy From Emerging Economies
3.7.2. Restraint
3.7.2.1. Huge Investments
3.7.3. Opportunity
3.7.3.1. Rise In Government Initiatives And Programs
Chapter 4: Solar Tracker Installation Market, By Type
4.1. Overview
4.2. Single Axis
4.2.1. Key Market Trends, Growth Factors And Opportunities
4.2.2. Horizontal
4.2.3. Vertical
4.2.4. Market Size And Forecast, By Region
4.2.5. Market Analysis By Country
4.3. Dual Axis
4.3.1. Key Market Trends, Growth Factors And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis By Country
Chapter 5: Solar Tracker Installation Market, By Application
5.1. Overview
5.2. Residential
5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis By Country
5.3. Commercial
5.3.1. Key Market Trends, Growth Factors And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis By Country
5.4. Industrial
5.4.1. Key Market Trends, Growth Factors And Opportunities
5.4.2. Market Size And Forecast, By Region
5.4.3. Market Analysis By Country
Chapter 6: Solar Tracker Installation Market, By Region
6.1. Overview
6.2. North America
6.2.1. Key Market Trends, Growth Factors And Opportunities
6.2.2. Market Size And Forecast, By Type
6.2.3. Market Size And Forecast, By Application
6.2.4. Market Analysis By Country
6.2.4.1. Us
6.2.4.1.1. Market Size And Forecast, By Type
6.2.4.1.2. Market Size And Forecast, By Application
6.2.4.2. Canada
6.2.4.2.1. Market Size And Forecast, By Type
6.2.4.2.2. Market Size And Forecast, By Application
6.2.4.3. Mexico
6.2.4.3.1. Market Size And Forecast, By Type
6.2.4.3.2. Market Size And Forecast, By Application
6.3. Europe
6.3.1. Key Market Trends, Growth Factors And Opportunities
6.3.2. Market Size And Forecast, By Type
6.3.3. Market Size And Forecast, By Application
6.3.4. Market Analysis By Country
6.3.4.1. Germany
6.3.4.1.1. Market Size And Forecast, By Type
6.3.4.1.2. Market Size And Forecast, By Application
6.3.4.2. Uk
6.3.4.2.1. Market Size And Forecast, By Type
6.3.4.2.2. Market Size And Forecast, By Application
6.3.4.3. France
6.3.4.3.1. Market Size And Forecast, By Type
6.3.4.3.2. Market Size And Forecast, By Application
6.3.4.4. Spain
6.3.4.4.1. Market Size And Forecast, By Type
6.3.4.4.2. Market Size And Forecast, By Application
6.3.4.5. Italy
6.3.4.5.1. Market Size And Forecast, By Type
6.3.4.5.2. Market Size And Forecast, By Application
6.3.4.6. Rest of Europe
6.3.4.6.1. Market Size And Forecast, By Type
6.3.4.6.2. Market Size And Forecast, By Application
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors And Opportunities
6.4.2. Market Size And Forecast, By Type
6.4.3. Market Size And Forecast, By Application
6.4.4. Market Analysis By Country
6.4.4.1. China
6.4.4.1.1. Market Size And Forecast, By Type
6.4.4.1.2. Market Size And Forecast, By Application
6.4.4.2. Japan
6.4.4.2.1. Market Size And Forecast, By Type
6.4.4.2.2. Market Size And Forecast, By Application
6.4.4.3. India
6.4.4.3.1. Market Size And Forecast, By Type
6.4.4.3.2. Market Size And Forecast, By Application
6.4.4.4. South Korea
6.4.4.4.1. Market Size And Forecast, By Type
6.4.4.4.2. Market Size And Forecast, By Application
6.4.4.5. Australia
6.4.4.5.1. Market Size And Forecast, By Type
6.4.4.5.2. Market Size And Forecast, By Application
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Market Size And Forecast, By Type
6.4.4.6.2. Market Size And Forecast, By Application
6.5. Lamea
6.5.1. Key Market Trends, Growth Factors And Opportunities
6.5.2. Market Size And Forecast, By Type
6.5.3. Market Size And Forecast, By Application
6.5.4. Market Analysis By Country
6.5.4.1. Brazil
6.5.4.1.1. Market Size And Forecast, By Type
6.5.4.1.2. Market Size And Forecast, By Application
6.5.4.2. Saudi Arabia
6.5.4.2.1. Market Size And Forecast, By Type
6.5.4.2.2. Market Size And Forecast, By Application
6.5.4.3. South Africa
6.5.4.3.1. Market Size And Forecast, By Type
6.5.4.3.2. Market Size And Forecast, By Application
6.5.4.4. Rest of Lamea
6.5.4.4.1. Market Size And Forecast, By Type
6.5.4.4.2. Market Size And Forecast, By Application
Chapter 7: Competitive Landscape
7.1. Introduction
7.1.1. Market Player Positioning, 2018
7.2. Top Winning Strategies
7.2.1. Top Winning Strategies, By Year
7.2.2. Top Winning Strategies, By Development
7.2.3. Top Winning Strategies, By Company
7.3. Competitive Heatmap
7.4. Key Developments
7.4.1. New Product Launches
7.4.2. Expansions
7.4.3. Other Developments
Chapter 8: Company Profiles:
8.1. Abengoa Se
8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Product Portfolio
8.1.5. Business Performance
8.2. First Solar, Inc.
8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Product Portfolio
8.2.5. Business Performance
8.3. Tata Power Solar Systems Limited.
8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Product Portfolio
8.3.4. Business Performance
8.4. Trina Solar Co., Ltd.
8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Product Portfolio
8.4.5. Key Strategic Moves And Developments
8.5. Brightsource Energy, Inc.
8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Product Portfolio
8.5.5. Key Strategic Moves And Developments
8.6. Siemens Ag
8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Product Portfolio
8.6.5. R&D Expenditure
8.6.6. Business Performance
8.7. Pvhardware
8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Key Strategic Moves And Developments
8.8. Arctech Solar
8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Product Portfolio
8.8.4. Key Strategic Moves And Developments
8.9. Scorpius Trackers
8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Product Portfolio
8.10. Nextracker
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Key Strategic Moves And Developments
8.11. Other Key Player Profiles
8.11.1. Key Player Snapshot
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